As the perfect showcase of business and growth opportunities, the Chris Hani District Municipality Investor Summit will facilitate encounters between Investors, Government, International delegations, the business sector and relevant development finance institutions at all levels, and highlight bankable projects and investment packages. You are invited to take advantage of this exciting exhibition of business opportunities. For both exhibitors and investors, it is an opportunity to develop economic strength through strategic partnerships.
Providing opportunities for private sector engagement, focus is on key development zones, with the goal of making a real impact on job creation and poverty alleviation. Highlights include a road map of how constraints hampering development are to be overcome by Government, and strategies to improve competitiveness of key economic sectors through taking advantage of the strategic endowments of the District.
Chris Hani District Municipality - Executive Mayor
Minister of Rural Development and Land Reform of the Republic of South Africa
Member of the Executive Council (MEC) Economic Development, Environmental Affairs and Tourism
President of SACCI & ESKOM Divisional Executive
IDC – Group Chief Economist
CSIR - NCPC Director
Coega IDZ - Business Development
Professor Farhad Aghdasi is the Dean of the Faculty of Science and Agriculture at the University of Fort Hare.
Chief Economist at FNB
East London IDZ
CHDM is a predominantly rural district with over 70% of its households residing in rural areas but living in villages.
Chris Hani is classified as a Category C2 municipality, indicating a largely rural character and low urbanisation rate, as well as limited municipal staff and budget capacity. Intsika Yethu, Emalahleni and Engcobo are classed as Category B4 (rural, mainly subsistence), and Inxuba Yethemba, Tsolwana, Ikwanca and Sakhisizwe as B3 (small towns, agricultural) municipalities, similarly reflecting limited institutional capacity and areas characterised by small centres, limited SMMEs and market opportunities, greater dependence on public support and LED activities that are principally at the level of the small project.
Lukhanji is one of only three Category B2 (large core town/s with surrounding agricultural areas) municipalities in the Province, reflecting reasonably adequate budgets and staff, urban centre(s) with associated resources where LED activities are emerging into strategies and programmes to take advantage of economic potential, as well as substantial numbers of SMMEs, considerable market opportunities, but limited private sector business development services.
Queenstown, in Lukhanji, is the administrative and economic centre of the District, as well as being centrally situated. Lukhanji accounts for around one third of the District’s GDP (37.22%) and formal employment (31.93%). The CHDM GDP has grown by over one and a half times from 2,6 billion Rands in 2006 to approximately 7,3 billion in 2008, in contrast to the national GDP growth of between 3% and 5%. In spite of this growth, high levels of unemployment (57%) and poverty persist.
Programme will be released shortly
Copyright 2013 Chris Hani Investment Summit